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Tech Targets: EUR/USD, GBP/USD, AUD/USD, NZD/USD, USD/JPY - UOB

From efxnews.com

EUR/USD: Neutral: In a broad 1.1120/1.1375 range now. EUR traded quietly late last week and there is no change to the current neutral view. We continue to expect this pair to trade in a broad 1.1120/1.1375 range even though the immediate risk appears to be tilted to the downside. A clear break below 1.1120 could lead to a quick drop towards the next support near 1.1055. On a shorter-term note, 1.1280 is already a strong resistance (key resistance is at 1.1375). GBP/USD: Neutral: Likely in a broad 1.4050/1.4400 range. As mentioned last week, we were not convinced that the recent GBP weakness is the start of a ... (full story)

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